Kathmandu – National-level development banks in Nepal have reported robust growth in profitability, earning over Rs 5.60 billion in the last fiscal year, according to financial statements up to FY 2081/082. The eight banks currently operating in this sector...

Kathmandu – Nepal’s commercial banking sector has reported a substantial increase in profitability in the last fiscal year, according to financial statements up to the fourth quarter of FY 2081/82. The total profit of the 20 banks currently operating...

Kathmandu — The combined net profit of life insurance companies in Nepal fell by 16.01% in the fiscal year 2081/82, according to financial statements published by the insurers. The 14 life insurance companies currently in operation earned a total...

Kathmandu – The net profit of Nepal’s non-life insurance sector fell sharply in the last fiscal year 2081/82, declining by 28.92 percent compared to the previous year. According to the financial statements published by the 14 non-life insurance companies...

Kathmandu — Nepal Insurance Company Limited has posted steady growth in key financial indicators, including premium income and profit, in the fiscal year 2081/82, according to its final quarterly financial statement released today. The country’s oldest insurance company earned...

Kathmandu — The Oriental Insurance Company Limited has reported a sharp decline in its annual profit for the fiscal year 2081/82, according to financial statements published today. The company posted a net profit of Rs 82.9 million, an 86.9%...

Kathmandu – Himalayan Everest Insurance Limited has released its fourth-quarter financial statement for the last fiscal year 2081/82, reporting significant growth across key financial indicators. The company’s net profit rose from Rs 502.4 million in the previous fiscal year...

Kathmandu – Prabhu Insurance Limited has reported robust financial performance for the last fiscal year, reflecting growth across key business and profitability indicators. According to the company’s recently published financial statements, Prabhu Insurance earned a net profit of Rs...

Kathmandu — Asian Life Insurance Company Limited has reported strong financial performance for the fiscal year 2081/82, with net profit surging by 24.57% to Rs 409.3 million, compared to Rs 328.5 million in the previous year. The company’s catastrophe...

Kathmandu — Sun Nepal Life Insurance Company Limited has reported a net profit of Rs 542.4 million for the fiscal year 2081/82, a slight dip of 5.62% from the prior fiscal year. However, the company had a significant growth...